Sidian Bank: Kenyan investor, Centum withdraws from deal with Access Bank

Centum Investment Company Plc, the majority shareholder of Sidian Bank, has pulled out of a deal with Access Holdings.

Access Holdings had through its subsidiary in Kenya, Access Bank, offered to acquire Centum Investment’s 83.4 percent stake in Sidian Bank for N15 billion.

The deal was said to have reached its final stage with both companies signing a binding agreement in June 2022.

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